Binance.US Plans Domestic Expansion Under Favorable Regulations
Binance.US, the U.S. arm of the world's largest cryptocurrency exchange, is planning to expand its operations domestically to offer enhanced products for American users, according to comments from founder Changpeng Zhao at a forum in Palm Beach, Florida, this month. The move comes amid a more favorable regulatory environment under the Trump administration, which has eased enforcement actions and advocated for clearer rules on digital assets.
Zhao, who stepped down as CEO of the global Binance exchange in 2023 after pleading guilty to anti-money laundering violations, emphasized that the expansion focuses solely on the U.S. affiliate. Speaking at an event hosted by the Trump family's World Liberty Financial initiative at Mar-a-Lago, he said the platform aims "to bring a superior product offering much more accessible to the U.S. consumer." Zhao, who received a presidential pardon in October 2025 after serving four months in federal prison, clarified that he no longer runs Binance but remains the majority shareholder in Binance.US. The global exchange also settled federal charges in 2023 by paying over $4 billion to resolve a Department of Justice investigation.